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1269 Coffeen St
Watertown, NY 13601

Ontario Village Apartments · Multifamily Property For Sale · 206 Units

PROPERTY FACTS

No. Units 206
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 16.00 AC
Building Size 194,464 SF
Average Occupancy 97%
No. Stories 2
Year Built 1985
Parking Ratio 0.26/1,000 SF

Unit Amenities

  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Laundry Facilities

About 1269 Coffeen St , Watertown, NY 13601

Ontario Village is a 206, two bedroom, unit apartment complex located just off the main highway intersection in Watertown, NY. The property serves the Watertown and Thousand Island markets, and is minutes from Fort Drum military base and home of the 10th Mountain Division. Ontario Village has experienced significant increase in demand and subsequent rental rate increases over the past few years. Ontario Village provides market rent apartments, as well as furnished units and short term, motel units to meet demand for personnel. Ontario Village is a well constructed and professionally managed and maintained complex of 26 buildings. New ownership should be able to capitalize on the below market rents and improving market conditions to realize a significant return.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - 900
2+2 183 - 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
221800-008-000-0040-101-000-0000
Land Assessment
$332,000
Improvements Assessment
$7,768,000
Total Assessment
$8,100,000

zoning

Zoning Code PD-02
PD-02
  • Listing ID: 13129892

  • Date on Market: 7/11/2018

  • Last Updated:

  • Address: 1269 Coffeen St, Watertown, NY 13601

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